Reglikedomain industry desk

David Brown to exit next year — Web.com CEO

David Brown to exit next year — Web.com CEO
Two decades following founding Web.com, David Brown steps down following buyout.

Web.com founder, CEO and President David Brown is leaving the firm in early 2019, the firm disclosed today.

The move comes following Siris Capital Group purchased the firm for $2.24 billion in October.

Brown founded the firm in 1997 and has been its CEO throughout his tenure. Web.com will announce a successor in Q1 2019 and Brown will stay on during a transition period.

Web.com owns domain name firms Network Solutions, Register.com, Snapnames and NameJet. Its headquarters is in Jacksonville, Florida.

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